ABOUT BLOK The Amplify Transformational Data Sharing ETF (BLOK) is an actively managed fund, seeking to identify the leading companies focused on the transformation and development of the blockchain and cryptocurrency markets. The managers focus on how companies can capture the growth, innovation, and disruption of the blockchain paradigm shift. The evolution of the internet has changed how people communicate. We believe growth companies that embrace blockchain evolution will capture secular growth trends that are accelerating and disrupting core processes in business.
Amplify ETFs Launches the Amplify Cash Flow High Income ETF (HCOW). The only high free cash flow ETF with a call strategy to enhance monthly dividend income with option-based income.
Amplify ETFs Launches the Amplify Cash Flow High Income ETF (HCOW). The only high free cash flow ETF with a call strategy to enhance monthly dividend income with option-based income.
As the final quarter of the year begins, markets are grappling with rising interest rates and continued economic uncertainty. These factors led the S&P 500 to decline 3.3% (with reinvested dividends) during the third quarter while the U.S. Aggregate bond index lost 3.2%. On the surface, these issues echo the many concerns that investors faced last year when inflation and higher rates resulted in a bear market. Other factors including the narrowly averted government shutdown and cracks in China's economy have also added to investor fears. Amid the seemingly constant stream of negative headlines, how can long-term investors stay positive as they prepare for the final months of the year? Despite heightened volatility in the third quarter, the S&P 500 has held onto positive gains with the S&P 500 generating a total return of 13.1% year-to-date, with dividends, and the Nasdaq gaining 27.1%. This is in sharp contrast to last year's bear market and is further evidence that markets can rebound with little notice. The index has been propelled by sectors such as Communication Services (+40.4%), Information Technology (+34.7%), and Consumer Discretionary (+26.7%). Returns in these areas have more than offset poor performances by sectors such as Utilities (-14.4%) and Real Estate (-5.4%).
BLOK Portfolio Manager Mike Venuto shares his thoughts on BLOK ETF and the blockchain industry in this 3rd quarter report of 2023. Click HERE for BLOK’s prospectus. Learn more about Amplify Transformational Data Sharing ETF (BLOK), including the top 10 holdings, blockchain industry allocations, and more.
BLOK-Chain Monthly Commentary September 2023
The Cannabis Recap - September 18, 2023
Press Release
Press Release
Amplify ETFs Declares September Income Distributions for its ETFs
Amplify ETFs Declares September Income Distributions for its ETFs
The Cannabis Recap - October 02, 2023
Why Markets Are More Cautious In Q4
BLOK Quarterly Report w/ Mike Venuto Q3 2023 [Video]
The Cannabis Recap - October 16, 2023